Source: Cybeats Technologies Corp.
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  • Cybeats Technologies (CYBT) has signed a three-year software license agreement for its SBOM Studio
  • Cybeats’ SBOM Studio will be deployed with a global leader in building technology and industrial automation to manage its Software Bill of Materials (SBOM)
  • This agreement marks the company’s third major contract with a multi-billion dollar global industrial technology leader
  • Cybeats Technologies Corp is a software supply chain intelligence technology provider
  • Cybeats Technologies Corp. (CYBT) opened trading at C$1.47

Cybeats Technologies (CYBT) has signed a three-year software license agreement with a global leader in building technology and industrial automation.

Under the agreement, Cybeats’ SBOM Studio will be deployed to manage the client’s Software Bill of Materials (SBOM) and improve security across the software supply chain.

This agreement is the largest commercial agreement to date for Cybeats. It marks the third major contract with a multi-billion dollar global industrial technology leader, positioning the company for continued growth across this large industry vertical.

Cybeats CEO Yoav Raiter commented on the agreement.

“SBOM Studio continues to demonstrate its immediate value and industry-leading capabilities across several critical infrastructure sectors which is translating into commercial success. Industrial technology is amongst the most vulnerable targets for software supply chain attacks, and having several Fortune 500 industry leaders choosing SBOM Studio provides us with the evidence we need to rapidly scale growth in this sector and beyond.”

Cybeats is an SBOM management and software supply chain intelligence technology provider, helping organizations manage risk and meet compliance and security software from procurement and development through to operation.

Cybeats Technologies Corp. (CYBT) opened trading at C$1.47.


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